Reich & Tang Deposit Networks, LLC (“R&T”) and Total Financial Solutions, LLC (d/b/a Total Bank Solutions) (“TBS”) successfully completed a planned business combination on June 1st, 2022. Headquartered in New York City, and now doing business as RNTS, the combined firm has over $200 billion in assets under administration (AUA) now offers a wider range of innovative tech-enabled services to help banks, credit unions and wealth managers meet their unique cash sweep, deposit funding and securities-based lending needs.

Since 1974 and 2004 respectively, R&T and TBS have been helping many of the largest global financial institutions to achieve their business objectives. By delivering consistent results on behalf of their clients, both firms have achieved sustained business growth and have earned market leading reputations for exceptional client service, collaborative engagement, and flexibility.